The subject property is located in the centre of Tring, an affluent Hertfordshire market town, nestled in the heart of the Chilterns, a well known ‘Area of Outstanding Natural Beauty’ approximately 48.7km (30 miles) north-west of central London.
The property is well provided for in terms of local amenity. The town has a vibrant high street with a broad selection of independent cafes, restaurants, bars & shops; in addition to national retailers such as M&S Simply Food, Tesco Superstore and Co-op. Tring also has it’s own Natural History Museum.
Transport communications are excellent. Tring Rail Station is 2.76km (1.7 miles) to the east, where there are frequent direct rail services to London Euston Station, with a journey time of circa 37 minutes.
The property is well served for road communications lying approximately 0.6km (0.4 miles) to the north of the A41 and approximately 18.2km (11 miles) north-west of Junction 20 of the M25 motorway.
Gross internal area 390.66 sq.m. / 4205 sq.ft.)
The property comprises the ground floor and basement vaults of a Grade II listed, former bank building, substantial rear garden and 2 car spaces within the car park to the rear.
The ground floor space is currently configured to provide an open banking hall, separate office, WCs, kitchen and rear store / strongroom. The basement is arranged as a number of barrel roofed storage/vault rooms.
As the building falls within Use Class E it has potential to be used for a variety of purposes including, retail, office, restaurant, medical consulting rooms, yoga studio, beauty parlour and children's day nursery under permitted development. Clearly any physical change to the building is likely to require both planning and Listed Building consents and we recommend buyers commission planning advice in respect of their proposed uses.
A new fully repairing and insuring lease on terms to be agreed.
Rent: £50,000 per annum (approx. £4,167 monthly) £127.99 per sq.m. /11.89 per sq.ft.
Premium: n/a
Rateable value: £24,500
Estimated Rates Payable: £11,760 per annum
Service charge: TBC
Local authority: Dacorum Borough Council